Bill Browder: Stop Western banks funding Russia’s war machine | DW Business
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- Опубликовано: 20 май 2024
- US-born British financier, activist and author Bill Browder says Western banks earning record profits in Russia are making “blood money” and must be stopped. Browder, who calls himself the "No. 1 enemy" of Vladimir Putin and has campaigned for years to freeze Russian assets in the West, warns that while funding Ukraine’s fight against Russia is expensive, a war would cost 100 times more.
#bloodmoney #eubanks #russianeconomy
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Bankers. The most morally bankrupt of them all.
Behind every bank, you will always find a Jhewish shareholder.
So you know for sure your retirement fund is not invested in Russian oil, mining, gas?
Clearly you haven’t met lawyers & doctors!
Do you know that Europe is still buying Russian gas and the US is still buying Russian uranium for its nuclear power plants?
I would also include oil companies shamelessly ripping off people and polluting the planet!
Congrats for raising the issue with Austrian support to Putin
Go Bill! Keep believing and working hard. You are making a massive difference.
We need more people in the public sphere like Bill, who has a spine.
Bill is great
Not really American s are still buying Russian oil don’t be silly
@02markcal if he had a spine he would go fight for Ukraine not talk on tv
EU is suffering from MORAL malnutrition 😂😂😂
Hi Kumar. Since when did you switch from scam to troll?
well... not all abstinence is detremental 😋
Aswear
@@gluteusmaximus1657I guess it was when Western banks started bankrolling the Russians.😂
yet blinken is blaming China, but offered no concrete evidence.
Greed will be our downfall.
tell us all, that food you brought at the store was it grown with Russian ammonia nitrate?
was it transported on a truck using diesel from Ural oil?
It already has been. Look at the immigration policies.
If you`re an Austrian and you`re banking with the Raiffeisenbank, you're effectively helping Putin.
EU mouth saying no, but their body says yes
Their bellies. Big, inflated bellies.
How about the wests military firms making huge money from this war while the Russians have been saying for 20 years that Ukraine being part of a European military alliance would be a cause for war. Why was that a problem?
It's up German and Austria government s to say time up now get and get out now..
Just have to get sanctions on those banks now. And real pressure
Austrian conservatives (ÖVP) "were" in bed with Russia for decades. Raiffeisen ist very close to ÖVP, so you do the math. We also still get 90% of our gas from Russia.
European costumes should be informed so they could change bank
"Costumes"? Really?
Stop bankers making money! Don't be silly. You don't think they have a conscience do you?
Of course not
There will find other way around anyway.
Do you know that Europe is still buying Russian gas and the US is still buying Russian uranium for its nuclear power plants?
@@satriojumeneng7055...and blame India for blood money
@@thea6573 perhaps, but when its illegal, it can be clamped down on. And it eill cost more.
This is blood money, and, of course, the banks involved in this should be punished!
So EU is spending Billions in weaponry supporting Ukraine, but it would be better served simply surprise audits on the banks and tracking where the money is going and coming from, makes perfect sense right?
This man is rather foolish
@@terryl858on what basis do you make that rather sweeping - and at the moment, totally unfounded - statement? Do astound us with your piercing insights and astute judgement😏
@mrkiplingreallywasanexceed8311
The statement makes no sense, that's why. At best it's obscure, at worst, obtuse. Why would you defend?
@@whatgoesaroundcomesaround920 You are simply full of it. A puppet of Putin.
@@mrkiplingreallywasanexceed8311 Most people who make arguments like these do not have a wider perspective. Economics does require some intensity of study, then to add in geopolitics... The OP has no real grasp on the world, but their foolishness has some merit. It is something that could be addressed with political drive and either application of sanctions or further definition of them.
Yes! And Scholz is the biggest problem!
YES😮
Germans are at it again.
Yes the banks must give up their assets like the airlines and oil companies. It’s a disgrace worthy of akkermann
So you know for sure your retirement fund is not invested in Russian oil, mining, gas?
Do you know that Europe is still buying Russian gas and the US is still buying Russian uranium for its nuclear power plants?
THEY WILL USE N
Are guillotines still in production?
That's what I usually write.
@@HeroInHelp copywrite???
Yes, but now they are only used for paper. Which ironically is also what Banks specialize in..
Bill Browder is a Humanitarian. God bless Bill.
See through the hypocrisy. He seems unaware of the reasons why wars are profitable and why his country loves them so much.
look at what's its done for the Russian economy...booming business
Nice video, and great guest. Browder had answers to the tough questions. I had no idea so many banks were cheating.
Bill Browder is right on !!!!
😂😂😂oooh! It's inappropriate
What an individual to be given airtime
Bill once again reveals the sanctions loopholes
The big sanctions were applied within 3 months of the start of the war. Freezing 300B of Russian funds, cutoff from Swift, cut off of most trade etc. Folks like Browder expected Russia to collapse like the USSR did in 1990. Didn't happen. The 221 st round of sanction has close to zero impact. And the 222nd round and 223rd round are equally useless. Russia has shifted to trade with China, India, and the global south. And when the BRICs currency is established further sanctions will be useless. Europe's economy will collapse well before Russia's economy.
It's common knowledge that Austria isone of the most shifty countries when it comes to ethics, to put it mildly.
Insanely good interview, Bill is spot on wit this views.
EU has always had a strategy to "wait this thing out", whether its arms for Ukraine, sanctions on imported oil, or banking, it's do the bare minimum so we can say the right things
Name one country that has no double standards and acts hypocritical. There's non.
Name these banks and make these banks pay.
Yes sir! Im pretty sure the politicians will take action right away
@@doodsrem bankster rhymes on gangster right after that is banister. They all make a living and producing nothing.
All clients, customers, investors should withdraw their money from these banks until they clean up their act.
i for one am happy with banks prioritizing the interests of their investors and customers over some moralistic pr moves .... once the war is over and sanctions fall again, business will continue as usual...
So you know for sure your retirement fund is not invested in Russian oil, mining, gas?
@@throughput6674 dont care if it is... The world is and will be addicted to those resources for a long time, so i dont fear. It to be a bad investment...
Nope
just because you have no money there, doesn't mean you can lecture other people what to do with their own money. lol
the interviewer asking interesting thoughtful questions. why arent other news places asking these questions?
Very good interview with Bill. On another subject please run this question past your Legal and Journalist team? Should Donald Trump be investigated? Did he or did he not aid and abet Russia by asking for the Lethal Aid to Ukraine package to be blocked? If so he has blood on his hands, please talk to The Hague?
The person that needs to be held accountable for the delay is speaker Johnson. He chose to not bring the vote to the floor of the House for 6 months. The blood is on his hands. 'I was only following Trump's orders', is no defence for his decision, especially since Trump, as an ex president, has no authority in the matter.
Wait... Profiting from war is an immoral outrage? The hypocrisy makes me speechless.
imagine! bold faced hypocrisy. I can't watch to the end.
@@micdmj Then don't. Bye, bye.
Russia has invaded another nation for its territory and resources. That's the difference. You don't see Canada invading part of the U.S. and occupying it or Australia invading South Korea.
@@LanternOneStudios USA is illegally in Libya and Syria still... France still has colonies
@@LanternOneStudios Ever heard of Irak? Afghanistan? Oh you weren't born yet? Understandable
Banks will do anything to avoid losing money, regardless of any moral issue. And they will push the envelope of morality AND legality to make a profit.
Loan volume reduced by 58%? Why is there still any volume? Just a closed portfolio to run down to 0. And personnel reductions every year.
After 2 years! Ffs!
The windfall tax is a much better idea than having all the companies exit Russia. All that is happened is that Russia has had fully functioning companies handed to them on a silver platter. In other instances, Chinese companies have just taken up the slack. In the end, the Western companies have suffered more than Russia.
Putin will take and nationalise these banks anyway.
They sanctioned Russia and just ended up sanctioning themselves! This only hurts the population of the EU
100% aree w/ Bill. I don't remember where I heard this but the idea that any economy on a war-footing has sustainable, long-term growth is fanciful (might of been Sarah CM Paine). Essentially, these munitions are designed to self-destruct (so their wealth is expended) and to take other wealth down with them (the people, houses, trains, planes etc that are targeted). It's a race to be a companion of North Korea. Versus, a service or industrial based economy where goods and services are produced and people get to spend their income on wealth maximisation (e.g. buying a laptop which means you can play games, which means gaming companies get to make games, which means they get to hire more people etc).
it's only good if usa can have a war economy like it did but when other countries do it it's bad ? get lost
You understand that Russia's money intake is up and that this war isn't gonna last too much longer in this form, at least?
@@robo__cop8154 Don't just dismiss ideas that make you feel uncomfortable. The USSR had about 50-70% of it's economy dedicated to war production at it's peak. The US, at it's peak, was 7%. That is a massive difference, it's how the US and other Western countries can diversify and use their skills base and manufacturing knowledge to produce better outcomes for war production, the economy and people more generally. Russia just ain't that powerful. It's economy is the size of Mexico's (nothing wrong with Mexico, but you'd never think of it as a world power). Russia, under Putin's dictatorship, is pretending to be the imperialist Russia of 140 years ago, Putin puts up statues to, whilst weeping in front of, Alexander III. Even back then, 1880s, it was a second-rate imperial (land) empire, never could compete with naval empires like the British Empire or the US now. Watch Sarah C.M. Paine's talk on this, she's fascinating, much of my info comes from her.
@@kevf 'Money' intake as in...? What metric? India has stopped buying Russian crude oil, as Western sanctions loopholes are tightening, China is being warned about all the nonsense sanctions evasion they're doing with Russia, like labeling containers 'Scrap Metal' when it's copper - a valuable metal in Russia's war effort. And Russia has a massive, unprecedented amount of sanctions slowly strangling their economy. We'll see the effects over the medium-long term, but just think North vs South Korea.
@@skullsaintdead you can continue to believe that russia is dead and dying ,the results in ukriane say otherwise . once russia is done with ukraine it would have made a huge profit many times over what it lost so losses are fine .i look on both sides and then comment .time will tell who's the winner .
I am not surprised it's Germans again on the wrong side of history
I think you'll find its not just the Germans
Usa always been on the wrong side
@@JL-qo6lo like in WWII?
Ask the politicians to give up their assets first then go pressure others. Who are more responsible to the war are not suffering
Great questions and such a pleasure to have Daniel Winter ask questions. He is knowledgable and neural with questions. I would love to see him interview more
Another great interview
I agree with Bill Browder. Thank you for pointing this out!
Are the banks moving money *_into_* and out of *Russia?* Or are they just continuing to do business in Russia and paying taxes therein ?
It isn't war fatigue...it is concern that they, too, will experience consequences.
Discovering nothing new? The truth is, delving into history reveals that wars often serve the interests of financial institutions on both sides, profiting banks while costing lives.
Greed. Russian oil: India and China. Greed.
Raiffeisenbank and other investment banks need to be regulated by their respective governments.
Raiffeisen in Austria, Deutsche in Germaby etc.
If they're collaborating with the enemy they should be shunned by EVERYONE including all the other banks
@@DanaPearsonVastman who is the enemy?
Wow, they sure knows how to brainwashed the people
STOP THEM NOW
🤣🤣🤡
Instead of arming Ukraine and Israel, US/EU/UK tax payer money should be spent on infrastructure, healthcare and education.
Taxes for the money they made in Russia, 😂😂 business is not for you
I found it funny that he said that the only evidence of Russian economic activity growth is "lies from the Russian Government" right after explaining how western banks had quadrupled their profits and were paying 4x the taxes than they were before Ukraine.... I'd say that's also an indicator.
Always enjoy watching any interview of Bill Browder. Read both of his books. Please gift his books to your friends.
thanks bill, for giving us the CIA secret agent update.
What's he talking about? His numbers make no sense.
So most of the banks answer to shareholders so shed a spotlight on them as well
Unfortunately, the reality is that governments don't control banks. Governments more or less arise from (and fall under) the whims of banks. They're a force of nature. But it's always important to speak the truth like this anyway.
Last year, the EU approved 12 sanction packages against Russia and the Russian economy grew 3%. Meanwhile, the German economy is in "tatters". The EU sanctioned itself
@@abcde_fzAccording to World Bank and FMI you are wrong.Stop lying and look at facts.
@@newyear8961 I have no clue what you're even talking about, but,
Have A Great Day!!!
Music to my ears 😂😂😂 the panic will continue
Could also put pressure on any businesses that facilitate the business deals they make, like law and accounting firms. And on any other clients they have.
Oh. THAT Bill Browder!
Oh yeah this time they don't turn off the comments.
There's always a need for oil and gas.
If Europe doesn't want it Asia and Africa might want it....
TBF EU and other country still buying a Russia gas and oils, but they all come with India,China and others trademark anyway.
Normaly, one would think Russia has a lot of what everybody needs, so they sell it all, get rich, build roads, hospitals, flushing toilet for everyone…So what is Putin’s problem?
Money, loopholes and corruption always wins out in the end.
Trust me, I’m a financier …
Nice one Mr Browder keep calling it like it is!
Bill B. said: "It's gotta stop!"
How do you do that, Bill?
Cannot this man not just get over his sad russian memories?
Come on, Bill. You stop it, now!
One particular bank, to be precise: Raiffeisenbank
They're definitely profiting the most out of the European banks in Russia, with €1.8bn profit there in 2023, according to their filings (the next biggest is UniCredit with 'just' €658m)... and Raiffeisen paid €464m in taxes to Russia in 2023.
Are all those transactions in Euros and dollars or rubles? Appears like a huge money laundering operation at this point.
Bill Browder never stops working to stop Western countries from aiding Vladimir Putin. I respect Mr. Browder so much. His most recent book is eye-opening and worth reading.
I am Austrian, the Austrian government needs to be made accountable for the business Raifeisen Bank does. Austria sidetracks the EU with still importing Russian gas, and keeping a back door open for Russia to get money from Europe into Russia.
Dear US led west. What about isreal genocide in Palestine.
Thank you mr. Browder . Keep fighting the Russian dictatorship .
Bill Browser is a very brave man + a hero. He's at the top of Putin's hit list, + is only alive because he takes extreme care. We need to listen to him!
We also need to pressure Biden to pressure Putin, to free political prisoner Vladimir Kara-Murza from Russian jail, before he dies there too, like so many others!
I love Bill Browder - He would make a great president for the US - Character and backbone - so lacking in our current politicians in the US, particularly in the GOP
I was very please to see a journalist teaching a Financier about international trading. @9:50
If want do fast because here in Finland is Weekend and I have to go to Helsinki monday
Excellent video, thank you.
I suspect there is a balancing act going on with the U.S. government in particular.
I think there may be deliberate leakage so as to limit the economic impact of the sanctions on the West.
An example of this might be how little has been done to block Russian 'grey' oil exports. By letting them continue oil prices have returned to lower levels.
Just a thought.
Banks being the root of all evil, and suddenly these jokers found them out. 🤣🤣🤣
Thé 800m€ is a tiny minuscule amount compared to the purchase of oil and gas that europe is doing every day. If you have a principled issue then tell Europeans to stop funding Russia through the purchase of Russian energy. Nobody will focus on that because the costs to European economic output and standard of living would be too Great
You're ignorant. Nothing you say is true. Europe has All but stopped using Russian energy... The spanking thing and secondary countries buying goods for Russia are the biggest problems. Ukraine is taking care of Russia's oil refineries 🇺🇸🫂🇺🇦
They have a principle interest in staying in business and producing products neccessary for survival of domestic markets. Germany had to close factories and move to China to access the Russian gas for manufacture and then USA just sanctions them again. Why is Germany or anyone supposed to destroy themselves for US corporate interest over a war USA UK been pushing towards for 30 years.
Good interview! Not only western banks who fuel russia with taxes but also lots of big companies which continue operating there.
Until today it's really hard to understand what EU get from this Investments in war against Russia? Some land or gold or something? Ukraine would cost Europe more because both are neighbor countries. It's better for both parties to start dialogues and solve this war.
Another Kremlin boy 🤡 ..... It's better for everybody if Russia withdraw it's army from Ukraine. Ukraine is in Europe. Russia invaded a European country.
If you look at the Russian GDP indexation year on year they have not done well at all, this is the problem with just looking at the percentages. The remaining European banks that continue to do business within Russia are indirectly financing war crimes.
so is the usa
Makes you wonder what Kompromat the KGB has on European Bankers.
Yes ING from Netherlands are a prime example
This gentleman forgot to talk about the profits of the American war industry.....
They subjective to pointing out their hypocrisy on real time,it's sucking
The american war industry doesnt give money to Russia.
you're paid to do that, not him
Europe's all money of blood money of asia Africa and latin America.
RUZZIA'S is the worst.
@@Titan-ee9emNazkraine is the worse.
Zombieland is the worst. aka ruzzia
@@shadowslayer9988another Kremlin boy 🤡🤣🤡🤡🤡😂
That's right, stop.
Already seen the huge amount of villa`s with swimming pools in Crimea?
I get the feeling that there is a bit of personal vendetta hidden behind his explanations however I do fully agree that banks need bringing to bear for their actions😮
Blood Money everywhere. That’s the name of the game….
Under reported, well done
what about us and collective blood😢😢😢
Bais af
We missed you in Dw news from so long days Bill. Finally, you are here today. So happy bill to see you.😊
Its the same ol same ol in Europe. Is it any wonder Europe is worlds largest graveyard?
We (the wider public) can boycott these banks by choosing to have our bank account in other banks who respect the sanctions on Russia.
The EU and other NATO countries have abandoned the main principle of trade - the inviolability of property. All Russia did was look at the European circus for a long time and only then introduced mirror restrictions. Honestly, Russia looks like an angel compared to the European mafia.
Europe's problems are world's problems but world's problems are not Europe's problems 😂😂😂
an excellent quote....
He doesnt mention UK banks? I though UK banks were the most corupt banks of all?
Money has always been worth more than human lives.
Ah yes the people who gets to "invest" all our money and get bailed out by the state when they loose... Why do we need them again?
Germany banks were working with American banks during the 2nd war
That doesn't sound very likely.
Well, considering $800m is about what the war costs Russia each one or two days, that money doesn’t help Russia much, while the consequences of pulling out could be devastating for the bank.
It's only about 0.4% of Russia's non-energy income but that's still a chunk of change Russia would rather have
@@DanielWinterDW Sure, but the right strategy is to make choices which optimally combine as much damage to Russia as possible with as little damage as possible to the West. Having a major bank of a western country collapse so as to make a dent in Russia’s armour does not seem to fall into that strategy.
Bad day, you make no money in R😢
Great job DW for calling this out!! We should tax the banks that didnt leave Russia and give the money to Ukraines military
Fine them all their profits and put it in Ukraine’s funding NOW!